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Search Results 0 to 42 of about 43 (some duplicates have been removed)
Sep 22, 2010 5:30pm PDT
's best fishing ground. >> ifill: plus, we hear from former white house economic advisor glenn hubbard, in the first of several conversations on whether to extend the bush- era tax cuts. >> woodruff: and jeffrey brown talks to author gary shteyngart about his new novel set in a not so far off america-- "super, sad, true love story." >> ifi: that's all ahead on tonight's "newshour." major funding for the pbs newshour has been provided by: >> this is the engine that connects abundant grain from the american heartland to haran's best selling whole wheat, while keeping 60 billion pounds of carbon out of the atmosphere every year. bnsf, the engine that connects us. >> and by the bill and melinda gates foundation. dedicated to the idea that all people deserve the chance to live a healthy productive life. and with the ongoing support of these institutions and foundations. and... this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you. >> ifill: the health care reform law reached a kind of anniversary
Sep 27, 2010 5:30pm PDT
former bush advisor glenn hubbard, who argued in favor of keeping the tax breaks for everyone, and from former federal reserve chairman alan greenspan, who took the opposite view, calling for letting them all expire. tonight we turn to laura tyson. now a business professor at u.c.-berkeley, she served as head of the council of economic advisors under president clinton, and currently sits on president obama's economic recovery advisory board. welcome to you. >> thank you very much. it's a pleasure to be with you. >> brown: so you think we should let the tax cuts for the wealthy laps. what's the argument for doing that? >> well w i actually think we have to step back and say what are the problems. and then once you know what the problems are, i think you can get to that solution. one problem is the jobs deficit. another problem is the fiscal deficit. and i would say also ones that's not mention toad often is the growth deficit. so the decisions we make about tax affect all of those things. in the jobs deficit case we're talking about a lack of aggregate demand . that means we certainly do
Sep 17, 2010 7:00pm PDT
? we'll ask glenn hubbard, dean of columbia university's graduate school of business. >> suzanne: the merger of continental and united airlines was cleared for takeoff today by shareholders of both companies. it was the last major hurdle for the $3 billion deal to create the world's largest airline. the merged company will be known as united airlines and run by continental c.e.o. jeff smisek. he hinted at possible layoffs today, saying there are overlapping jobs. but, he didn't give any details. the deal is expected to close by october first. >> tom: the number of failed u.s. banks now stands at 120 this year, after regulators took over five banks this afternoon. euu@@@ stocks have been creeping higher this month, and tonight's "market monitor" says get ready for a new rally. she's elaine garzarelli, president of garzarelli capital. she joins us from philadelphia. >> nice to be here, thank you. >> tom: in february, you were saying the winter swoon was over, and we did see prices climb through april, and since then we've seen some volatility. what makes you think higher stock pric
Sep 20, 2010 7:00pm PDT
, taxed and spent too much, and failed to make progress on trade. so says glenn hubbard, a former key economic advisor to president george bush, and now dean of columbia university's graduate school of business. is there a way to get our economy back in shape? hubbard and co-author peter navarro offer a blueprint in a new book, "seeds of destruction." earlier today, i sat down with hubbard and asked him what's the most important first step. >> one, admit what our problems are. they're really long-term problems that have affected american incomes now for more than a decade. second is to focus on economic growth and to stop public policies that are hurting business people and workers' ability to carry out growth. >> susie: the subtitle of your book is how to reclaim american prosperity. tax cuts for businesses and individuals are crucial. can we really afford to do that right now? >> i think we can. the book says we have to ask a bigger questn first. we've got to ask how big we want government to be. what we want governmented to do. it's true if we want a government as big as the one th
Sep 23, 2010 7:00pm PDT
the economy. i spoke to republican economist glenn hubbard earlier this week. tonight, we turn to robert reich, the former labor secretary in the clinton administration, and now a professor of public policy at u.c. berkeley. he also has a new book out, "aftershock: the next economy and america's future." our washington bureau chief darren gersh spoke with reich, and began by asking him what the first step should be to get our economy back on track. >> well, i do think that some more although the word can't be used any longer in play, company, stimulus is necessary. there is still a huge gap between the productive potential of the economy and really the demand that's out there from consumers who are being rocked by indebtedness and fear and loss of job and they are underwater or whatever have you. in the longer term, though, we have a structural problem. it's not just a cyclical problem. and that is that american consumers comprising 70% of the economy don't have the purchasing power they need to sustain the economy over the longer-term. >> one of the solutions you offer in your book "aftershoc
Sep 20, 2010 4:00pm EDT
? peter and glenn hubbard, dean of columbus business school. glenn, a pleasure to see you. peter, hear anything you liked? >> not really. it was a wonderful infomercial. i liked the way everybody applauded just like on oprah. the reality is, numbers are not good. the reregulation of wall street, heck, we got more abuses than before coming our way, so no, i didn't like what i heard because this is a man in denial. >> do you agree, glenn? >> i agree when president obama takes an optimistic outlook over the future. but i have to agree with peter. nothing in what he said indicated any serious direction for policy that's likely to move us forward. >> if the three of us were to accept as many of us are that the lack of jobs and economic dysfunction is a result of our structure, this is not something you wade out. this is something you have to days and deal with. we have a broken structure. why, peter, do you think our government appears to unwilling to accept the need to deal with it and still have this, we'll just wait this one out attitude? >> the big financial houses have infiltrated the
Sep 24, 2010 5:30pm PDT
president bush's former economic advisor glenn hubbard, who argued in favor of extending them all for everyone. tonight-- former federal reserve chairman alan greenspan, whose 2001 testimony backing the tax cuts was seen as key to getting them passed by congress, but who now believes they should be allowed to lapse. we talked yesterday at his washington office. >> brown: alan greenspan, welcome. >> thank you. >> brown: you've argued recently that we should let the so-called bush tax cuts laps for everyone, across-the-board. why? >> budget deficit problem, i believe, is far more dangerous than most of us contemplate on a day-by-day basis. what we see is people cutting taxes with borrowed money. spending new programs, new projects with borrowed money. if the debt is increasing at a rate of over a trillion dollars a year, and because interest rates are low , in a weak economy t is very easy for the government to sell as many bonds as it wants. and i think there's a complacency rising at this stage. >> you mean it's cheap to borrow now but that may not be the case? >> oh, it certainly
Sep 29, 2010 5:30pm PDT
of views from economists glenn hubbard and laura tyson as well as former fed chairman alan greenspan. tonight, we turn to robert reich, professor of public policy at the university of california, berkeley. he served as labor secretary in the clinton administration. his new book is "aftershock: the next economy and america's future." welcome to you. >> hi, jeff. >> brown: now, you were against these tax cuts from the beginning so nine years later, what's your view on how much they've helped or hurt? >> well, i think they hurt quite a lot. the original bush tax cuts of 2001 and 2003, remember, were so ed to america as a way to revive the economy and also create a lot of jobs and generate a lot of wage growth. well, actually, if you look at the record between 2001 and 2007, the so-called bush recovery, there were very few jobs even the widest and broadest and most generous estimate is about ten or eight million jobs relative to the 22 million jobs created under the clinton administration and beyond that, median wages, jeff, actually dropped between 2001 and 2007. adjusted for inflation,
Search Results 0 to 42 of about 43 (some duplicates have been removed)